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he is at the table, senator reid, and others. guest: i am not sure that john boehner will be at the table. he said it is now up to the senate, i am going home. it is not taking my ball and going home, but it is doing as much as you can. he is literally looking to his republican colleagues in the senate to work with harry reid to get something acceptable. if he does, that will put significant pressure on house republicans that did not otherwise exist. i want to push back a little bit. since may, i thought that john boehner -- he made a speech back in december where he talked about $1 for spending cuts for every $1 increase in borrowing. red meat for the tea party wing. it was clearly an attempt to say, i am your guy. it is not clear to me at the moment that, one, anybody would want the job, and two, that there really will not be a challenge. it has to come together very quickly. they do not need somebody to beat boehner. all they have to do is withhold 18 republican votes in the house. he would get an absolute majority and would n
he is at the table, senator reid, and others. guest: i am not sure that john boehner will be at the table. he said it is now up to the senate, i am going home. it is not taking my ball and going home, but it is doing as much as you can. he is literally looking to his republican colleagues in the senate to work with harry reid to get something acceptable. if he does, that will put significant pressure on house republicans that did not otherwise exist. i want to push back a little bit. since may,...
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and mcconnell is waiting for reid to chime in. so this is a bit of a standoff right now and we are waiting to see who is going to blink. that's really the question, who is going to blink first and the fact is we just don't know. >> brianna keilar, thank you very much. >>> first, now they were only trying to buy bread and now over 100 people are dead after a bakery is bombed by war planes. we're live from the middle east as the violence in syria escalates. >>> and their job was to make people laugh, but that was before the newtown school shooting. >> he was one of the first responders to the scene. how are you? >> i'm doing okay. >> never in your life could you imagine you'd pull up to a scene so horrific. >> absolutely not. there are certain things that people just shouldn't see. >> how a connecticut morning radio show has become a way for listeners to heal. it's lots of things. all waking up. connecting to the global phenomenon we call the internet of everything. ♪ it's going to be amazing. and exciting. and maybe, most remarka
and mcconnell is waiting for reid to chime in. so this is a bit of a standoff right now and we are waiting to see who is going to blink. that's really the question, who is going to blink first and the fact is we just don't know. >> brianna keilar, thank you very much. >>> first, now they were only trying to buy bread and now over 100 people are dead after a bakery is bombed by war planes. we're live from the middle east as the violence in syria escalates. >>> and their...
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will he craft a deal with harry reid? that's dicey. whatever bill is passed, may not be that popular. raising tax rates and probably cut back on benefits so, remains to be seen if they can get 60 in the senate and 218 in the house. but boehner may have to put that senate pass bill of the 250,000 obama plan, he says that doesn't have the votes topaz the house. he may have to prove that. >> real quickly i want to shift gears here and talk about chuck hagel and the potential of him being put up to the cabinet level position of secretary of defense. and getting criticism from the left and the right, chuck schumer declining to endorse him yesterday on meet the press. i want to play for everybody what andrea mitchell also said on "meet the press." >> this white house cannot continue to float trial balloons and then not have them shot down. the president can't perceived to being rolled by opponents. the problem of chuck hagel with support in the foreign policy community is shot at from the left and the right. >> i want to put it to you, both.
will he craft a deal with harry reid? that's dicey. whatever bill is passed, may not be that popular. raising tax rates and probably cut back on benefits so, remains to be seen if they can get 60 in the senate and 218 in the house. but boehner may have to put that senate pass bill of the 250,000 obama plan, he says that doesn't have the votes topaz the house. he may have to prove that. >> real quickly i want to shift gears here and talk about chuck hagel and the potential of him being put...
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to do that on something that would be symbolic, harry reid saying it would not be taken up in the senate, the president said he would veto it, i think that was a bridge too far. >> did everyone see the abraham lincoln movie, the wheeling and dealing that had to be done? >> and it was done in a lame- duck session. >> in the good old days, some of us remember, you could punish people. i am taking away the bridge, you are not going to get that school or library. nobody wants to bring home the bacon anymore. >> let us remember -- >> the decrease in corruption has truly been harmful to the nation. you cannot get business done. >> let us remember that during the crash of 2007, 2008, in the end, it was the democrats under nancy pelosi who bailed out president bush. it was the republican secretary of the treasury who literally got down on his knees to hurt because he needed her to bring home the vote. she was able to do that. >> abolish bribery in the house and it grinds to a halt. >> see? ok. 26 people dead in a connecticut elementary school. what to do about guns. >> since friday morning, a po
to do that on something that would be symbolic, harry reid saying it would not be taken up in the senate, the president said he would veto it, i think that was a bridge too far. >> did everyone see the abraham lincoln movie, the wheeling and dealing that had to be done? >> and it was done in a lame- duck session. >> in the good old days, some of us remember, you could punish people. i am taking away the bridge, you are not going to get that school or library. nobody wants to...
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we don't know what senator reid plans to bring to the senate for a vote. >> truth of the matter is if we do fall off the cliff, he will come back, propose just what he proposed yesterday leaving washington, and will end up adopting at the washed up at the market in such turmoil and the lack of confidence, why don't we go ahead and act now. >> most numbers are used to spending the christmas to new year's at home, it is time to go back to the table. if anybody sees these representatives from the house in line shops are getting their christmas turkey wish them a merry christmas, civil and say go back to the table, not her own table, the table in washington. >> so there's a group of senate republicans who would vote for taxes on wealthier taxpayers now to get that done, avoid the cliff, move on and fight for spending cuts when the president asks to raise the debt ceiling in february or march. the president and speaker said it will cut their vacation short to return to washington later this week to try and work something out. we are on standby. david: thank you very much. you just heard a
we don't know what senator reid plans to bring to the senate for a vote. >> truth of the matter is if we do fall off the cliff, he will come back, propose just what he proposed yesterday leaving washington, and will end up adopting at the washed up at the market in such turmoil and the lack of confidence, why don't we go ahead and act now. >> most numbers are used to spending the christmas to new year's at home, it is time to go back to the table. if anybody sees these...
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senator harry reid in the senate has said social security should not be part of this. so has nancy pelosi, the democratic leader in the house. host: does the cola change depending on where you live in the country? guest: it is across the board for everyone. it is a percentage. it depends on how big your benefits are every year. you cited average numbers of about $1,200 a month for a retired worker. a lot of people get more and some get less. the dollar amount for your increase would change depending on that, but the percentage increase is the same a matter where you live in the country. host: we are talking about social security and how would factors into the so called "fiscal cliff." if you would like to join the conversation, here are the >> our guest is eli lake. and the biggest political stories of 2012 with fox news political analyst juan williams. headlines and phone calls every day at 7:00 a.m. eastern on c- span. >> i like the variety of programs on c-span. the debates, i like to catch those when they are available. i do watch the political call-in programs as
senator harry reid in the senate has said social security should not be part of this. so has nancy pelosi, the democratic leader in the house. host: does the cola change depending on where you live in the country? guest: it is across the board for everyone. it is a percentage. it depends on how big your benefits are every year. you cited average numbers of about $1,200 a month for a retired worker. a lot of people get more and some get less. the dollar amount for your increase would change...
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senate majority leader harry reid, minority leader mitch mcconnell will have to try to hammer out some sort of a compromise to avoid going over the cliff, but as you pointed out in your introduction, a lot of senators over the weekend expressed concern that, in fact, we will go over the fiscal cliff. of course, if is that happens, the economy could eventually slip back into recession. one interesting point, thomas, though, last time that members of congress worked between christmas and new year's was 1996. that was during the government shutdown. this is really a rare occurrence for members of congress to have to come back and work out legislation that they went able to get done before the christmas holiday. >> the president is supposed to stay there for how long? >> well, of course, the white house not really giving us specifics about the president's travel plans at this point in time. the reality is i think the president is himself trying to figure out what he is going to do, but we do expect that he will cut his vacation short. you've heard the president himself during his press con
senate majority leader harry reid, minority leader mitch mcconnell will have to try to hammer out some sort of a compromise to avoid going over the cliff, but as you pointed out in your introduction, a lot of senators over the weekend expressed concern that, in fact, we will go over the fiscal cliff. of course, if is that happens, the economy could eventually slip back into recession. one interesting point, thomas, though, last time that members of congress worked between christmas and new...
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harry reid. the senate has not passed a budget more than three years. the senate has not passed anything on the fiscal cliff greathouse have something with economics. all the senate has to do is pass something and they can go to a conference committee to get the whole thing ironed out. i think kerry reid and the senate and bama, because the democrats in the senate are doing his bidding, that is where the real obstacles to getting something done. >> there was a perception created that the vote last night would increase taxes. now, i disagree with that characterization. but that impression is out there. the number of our members who just really didn't want to be perceived as having to raise taxes. that was the real issue. gerri: in some ways he was talking about grover norquist. the man it is about this tax pledge where is the common ground there? >> the reason that we have a plan be now is because the houses are devoted to pass all of the bills. gerri: but how do you find common ground there? them and that's what the speaker was trying to do. he was talk
harry reid. the senate has not passed a budget more than three years. the senate has not passed anything on the fiscal cliff greathouse have something with economics. all the senate has to do is pass something and they can go to a conference committee to get the whole thing ironed out. i think kerry reid and the senate and bama, because the democrats in the senate are doing his bidding, that is where the real obstacles to getting something done. >> there was a perception created that the...
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we don't know yet what senator reid plans to bring to the senate for a vote. >> when i listen to the president, i think the president is eager to go over the cliff for political purposes. i think he sees a political victory at the bottom of the cliff. he gets all additional tax revenue for new programs. he gets to cut the military which democrats have been calling for for years, and he gets to blame republicans for it. >> what we ought to do is take speaker boehner's last offer, the president's last offer, split the difference, that would be a package of about 2.6 trillion dollars. you couple that with the 1.1 trillion that's already been done, that would be close to the 4 trillion dollars that's needed to stabilize the debt and begin to bring it down. peter: the president and the speaker say they will cut their vacation short to return to washington later this week to try to get back to work to hammer something out. dennis and dagen? dagen: peter, aren't they nervous about this? do you get that sense from them at all down in washington that, like, the time is here now and you're --
we don't know yet what senator reid plans to bring to the senate for a vote. >> when i listen to the president, i think the president is eager to go over the cliff for political purposes. i think he sees a political victory at the bottom of the cliff. he gets all additional tax revenue for new programs. he gets to cut the military which democrats have been calling for for years, and he gets to blame republicans for it. >> what we ought to do is take speaker boehner's last offer, the...
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the onus right now is on senator reid and the president to come up with a solution, make it a piece of legislation, pass it through the senate, present it to the house, and let's get back to the bargaining table. the american people deserve for both houses to do something and ask the president to sign it. >> schieffer: well, are you saying that the house, speaker boehner, should take no responsibility for this impasse that we've come to? isn't some of the onus on him? >> i would say without any question, all year long, we've seen from the leadership in the house, at least a clear line of what we're willing to do. what we haven't seen come out of the senate yet is a single piece of legislation that addresses the crisis. >> schieffer: you know, it's looking like a pretty active political season coming up down there in your home state of south carolina. you're going to have two senate seats open. and now we're hearing that governor-- former governor mark sanford, who left the governorship under a cloud, may actually come back and run for his old congressional seat. what do you hear about
the onus right now is on senator reid and the president to come up with a solution, make it a piece of legislation, pass it through the senate, present it to the house, and let's get back to the bargaining table. the american people deserve for both houses to do something and ask the president to sign it. >> schieffer: well, are you saying that the house, speaker boehner, should take no responsibility for this impasse that we've come to? isn't some of the onus on him? >> i would say...
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now harry reid, mr. electric, and mr. obama get to go at it. >> look. advantage once again, to snatch the feed from the jaws of victory. the three of us on the next commercial break could figure this out. the point -- lou: the two of you could. i would report. >> look, they just want political mileage, and they are getting it. it will be done. it has to be done. then they will go on to the next one. but it may not be done until the market falls by another five or 10%. it seems as though policymakers want to be beaten with a stake in order to get something substantial accomplished in terms of long-term budget deficit reduction. lou: i can tell you, your metaphor, it pro the is welcomed that nearly every year or in the country right now because the idea of being these politicians with something right now is compelling. i mean, this is really getting stupid. >> it's like spare the market, spoil the policymakers. lou: as we look at these numbers that are coming in, you were watching, as we have talked for some time. the bernanke bubble is rising. now, it's
now harry reid, mr. electric, and mr. obama get to go at it. >> look. advantage once again, to snatch the feed from the jaws of victory. the three of us on the next commercial break could figure this out. the point -- lou: the two of you could. i would report. >> look, they just want political mileage, and they are getting it. it will be done. it has to be done. then they will go on to the next one. but it may not be done until the market falls by another five or 10%. it seems as...
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senate majority leader harry reid, minority leader mitch mcconnell will try to hammer out a deal and by all accounts, it will be a smaller deal, thomas. >> nbc's kristen welker traveling with the president in hawaii. kristen, thanks so much. joining us to talk about the chances of reaching a deal, democratic congressman from minnesota, keith ellison. sir, it's good to have you here, and do you think, as you hear what kristen is reporting there, that it's -- that it's still optimism that this could get done by the end of the year, but slim. do you think that it could get done, and is it going to get gone because of the onus now being on the senate? >> i think that we will have a deal. of course, no one can guarantee that. the real question is will boehner put a deal on the floor that enough of us democrats can vote for? that's the real question. the fact is he can't even get enough republicans to vote for that tea party wish list he put on the floor last week. so what he needs to do is come to the other direction to pick up enough votes to get a deal. now, that's going to take some st
senate majority leader harry reid, minority leader mitch mcconnell will try to hammer out a deal and by all accounts, it will be a smaller deal, thomas. >> nbc's kristen welker traveling with the president in hawaii. kristen, thanks so much. joining us to talk about the chances of reaching a deal, democratic congressman from minnesota, keith ellison. sir, it's good to have you here, and do you think, as you hear what kristen is reporting there, that it's -- that it's still optimism that...
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it's harry reid and the president that have yet to come up with something. if it was so easy, if they thought they had a solution to it, why didn't on friday they come to the table and actually pass something? the pressure is on them, what can they pass in the senate? >> harold, you know the politics of this but you also know the mark. is there a new pessimism we're not going to get a deal and not going to solve these issues anyway? >> big disappointment. people outside of washington understand clearly. a couple hundred billion over ten years separating both sides. the question becomes can washington still govern itself? two, there's a realization we're in the middle of a small recovery. if we find ourselves not able to resolve this moment, it retards and slows and undermines what we see ourselves doing going forward. finally, for the life of me as someone who 0 served there, it was so distressful to watch both sides yell at each other. i feel sorry for speaker boehner. i've seen some of your colleagues who are a little unreasonable and i dare say some democ
it's harry reid and the president that have yet to come up with something. if it was so easy, if they thought they had a solution to it, why didn't on friday they come to the table and actually pass something? the pressure is on them, what can they pass in the senate? >> harold, you know the politics of this but you also know the mark. is there a new pessimism we're not going to get a deal and not going to solve these issues anyway? >> big disappointment. people outside of...
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harry reid is a democrat and supports the president's agenda, although he's been a staunch supporter of the nra in the past. but the nra is a hugely powerful entity, no matter if lapierre's comments are seen a little off color or off message, they are hugely influential in washington and as pete said, they're going to be hugely involved in the lobbying battle on capitol hill if this legislation makes its way to the floor. >> asa hutchison is one of the names brought up here. should he be on the panel that vice president biden will be leading? >> he's a former member of congress, he has sway with people on capitol hill, he's large live seen as somebody who is going to run for governor in his home state of arkansas going forward, he's still an active political figure, former members of congress tend to get more things done here in washington than some other folks but we'll see. >> they don't have to be re-elected. >> that's right. they're going to need a lot of power going forward to get lngs through. >> we heard this on friday, we heard it on sunday from lapierre. he was using the ter
harry reid is a democrat and supports the president's agenda, although he's been a staunch supporter of the nra in the past. but the nra is a hugely powerful entity, no matter if lapierre's comments are seen a little off color or off message, they are hugely influential in washington and as pete said, they're going to be hugely involved in the lobbying battle on capitol hill if this legislation makes its way to the floor. >> asa hutchison is one of the names brought up here. should he be...
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. >> harry reid will pass through the senate on thursday or friday a tax hike on everyone over $250,000 and republicans will have the joyc choice on m, letting it come to a vote. i think the speaker probably has to. b, will they lose 20 or 30 republicans to join the democrats to pass this or not. i think it is a worse outcome but that is what happens when republicans decided they would just be ob cit obstinate and no along with the speaker. >> chris: extend unemployment benefits and delay, kick the can down the road the sequester of $110 billion in spending cuts. kirsten, with republicans in the house already rejecting as we just pointed out the boehner plan which would have only raised taxes on people making more than a million dollars what are the chances that they will go for the obama plan? >> well, it is -- i mean very low that you are -- well, zero that you would get the entire republican caucus. maybe something can happen where you you get some republicans and some democrats but even that seems difficult and i think that it shows how unreasonable the republicans have become. if y
. >> harry reid will pass through the senate on thursday or friday a tax hike on everyone over $250,000 and republicans will have the joyc choice on m, letting it come to a vote. i think the speaker probably has to. b, will they lose 20 or 30 republicans to join the democrats to pass this or not. i think it is a worse outcome but that is what happens when republicans decided they would just be ob cit obstinate and no along with the speaker. >> chris: extend unemployment benefits and...
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between senator mitch mcconnell, the republican leader in the senate, and senator majority leader harry reid in hawaii for the funeral of daniel inouye and is now back to washington. it would come down to the senate doing something. senator mcconnell might allow this bill i mentioned that i already passed in july, was a threshold for tax hikes, being at the $250,000 level, he may allow democrats to say, the house has to take this, or if there is some sort of vote on another measure, while mitch mcconnell would be unlikely to support it, perhaps he might let some of his republican senators do that, now, this is sort of thinking, coming from democrats, this is not something that mitch mcconnell at this point is planning to do, and it's very much unclear. the fact is, it doesn't just matter what the senate does, don, the house would have to pass something. and whatever were to come out of the senate at this point would require not just republican support, they made that clear last week when they didn't support speaker boehner's plan b. it would come down to speaker boehner deciding whether or n
between senator mitch mcconnell, the republican leader in the senate, and senator majority leader harry reid in hawaii for the funeral of daniel inouye and is now back to washington. it would come down to the senate doing something. senator mcconnell might allow this bill i mentioned that i already passed in july, was a threshold for tax hikes, being at the $250,000 level, he may allow democrats to say, the house has to take this, or if there is some sort of vote on another measure, while mitch...
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gregg: brad, there's a very good chance that harry reid by the end of the week will get passed in the senate a bill that says we're going to extend the bush tax cuts for everybody making under $250,000, and we'll extend unemployment for two million people whose unemployment checks are going to run out. and then it's going to go to the house. speaker boehner will probably have to put that up for a vote, and won't it pass the house with moderate republicans and all the democrats and then the republicans are going to say, jeez, we should have passed that plan b thing? >> i'm not so sure that's going to happen because, again, a deal is only as good as it is for both parties. o our problem is spending, not revenue. we're willing to raise revenue, but not without deep spending cuts, without tackling entitlements and guess what? next quarter what do we face? another crisis of raising the debt ceiling. gregg: is it better to go over the cliff then, brad? >> i think the president believes he's in a much better position the go over the cliff. why? because there's nothing he has to do as a matte
gregg: brad, there's a very good chance that harry reid by the end of the week will get passed in the senate a bill that says we're going to extend the bush tax cuts for everybody making under $250,000, and we'll extend unemployment for two million people whose unemployment checks are going to run out. and then it's going to go to the house. speaker boehner will probably have to put that up for a vote, and won't it pass the house with moderate republicans and all the democrats and then the...
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harry reid has the task of trying to cobble something together that can get some republican support in the senate and also get some republican support in the house and make it through congress. that's a difficult task. the white house saying they want the threshold for income tax rates expiring to be $250,000 and above. they are back to their initial negotiating position. and so between that and the lack of discussions going on, you sort of understand why you're hearing from democrats and republicans this pessimism about going over the fiscal cliff. privately, that's all what we're hearing that it is a real possibility to go over the cliff, even though there's a possibility of still working out a deal. but this is a last-ditch effort for sure. >> it's incredible that privately they are also saying that. everyone thought once we get closer to the deadline, they are going to get it together, come up with some sort of deal. if this stopgap measure does actually pass before january 1st, is the president prepared to go back to d.c. and cut his vacation short? >> reporter: he is. officially
harry reid has the task of trying to cobble something together that can get some republican support in the senate and also get some republican support in the house and make it through congress. that's a difficult task. the white house saying they want the threshold for income tax rates expiring to be $250,000 and above. they are back to their initial negotiating position. and so between that and the lack of discussions going on, you sort of understand why you're hearing from democrats and...
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senate minority leader harry reid has the task of trying to conjure up something that might be able to pass the house in addition to the senate publicly. the white house is saying they want tax rates to remain in effect for those making up to $250,000 per year, but it's unclear if that's something. very unclear, very unquestioned that house republicans could swallow that. we're hearing aing you significant possibility we go over the fiscal cliff. >> absolutely. both sides are saying that. you play thad sound bite from john baroso, saying it's politically expedestrianent for the president to go off the fiscal cliff. but both sides are saying, you know what? maybe it's better to go off the cliff. politically, members of congress will have to vet on tax cuts as opposed to now which are tax increases which are much harder to take. >> that's right. because the tax hikes will happen whether or not congress acts, so the school of thought here is that if republicans and temp kratz were to allow this just to happen, then they could vote for infect only tax cuts, not be on the record voting for
senate minority leader harry reid has the task of trying to conjure up something that might be able to pass the house in addition to the senate publicly. the white house is saying they want tax rates to remain in effect for those making up to $250,000 per year, but it's unclear if that's something. very unclear, very unquestioned that house republicans could swallow that. we're hearing aing you significant possibility we go over the fiscal cliff. >> absolutely. both sides are saying that....
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gregg: tony, it is looking likely later this week harry reid will be able to pass a bill in the senate that extends the bush tax cuts for folks making less than 250,000 and extend unemployment benefits. it then goes to the house. i would think that it could pass in the house with almost every democrat and some moderate republicans. tony, if that happens, your party, republicans are going to wish they passed boehner's plan. about, right? >> well, look, that would be essentially a unilateral disarmiment for the gop which is a nice christmas gift to the president but nothing that is going to really solve the problem. if there is going to be a stopgap, all tax cuts need to be extended until washington gets its act together. gregg: you're dodging my question. republicans will wish they voted for plan b, tony. tony? >> gregg, the essential point is this, we have to solve the problem. we can no longer play this game and kick the can down the road. so if we're going to do it at least give the markets, the stability, let the bush tax cuts --. gregg: last question, marjorie. the whole fiscal cli
gregg: tony, it is looking likely later this week harry reid will be able to pass a bill in the senate that extends the bush tax cuts for folks making less than 250,000 and extend unemployment benefits. it then goes to the house. i would think that it could pass in the house with almost every democrat and some moderate republicans. tony, if that happens, your party, republicans are going to wish they passed boehner's plan. about, right? >> well, look, that would be essentially a...
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when i mentioned the memorial service for senator inouye the person giving the oo eulogy was harry reid. they may have got even a chance for a little private time. the president and john boehner have not had any phone contact since friday. their staffs are still communicating but still really very little progress, jaime. >> reporter: thank you so much,ed appreciate the report at that early hour there in hawaii. merry christmas. >> reporter: meanwhile some senators are suggesting the only option now to avoid a fiscal cliff is a scaled-back deal to stop tax increases for most americans. we just hear heard heard ed elude to that. we are joined my jaime. what happens if the president and congress fail to reach an agreement on averting this so-called fiscal cliff? >> well, we go over it. you know, maybe the analogy of fiscal cliff that everyone is using might not be perfect because that doesn't end everything. there will be negotiations afterwards. in fact republicans who think that we are going overlook to the debt ceiling hike that will have to happen some time in the beginning of next yea
when i mentioned the memorial service for senator inouye the person giving the oo eulogy was harry reid. they may have got even a chance for a little private time. the president and john boehner have not had any phone contact since friday. their staffs are still communicating but still really very little progress, jaime. >> reporter: thank you so much,ed appreciate the report at that early hour there in hawaii. merry christmas. >> reporter: meanwhile some senators are suggesting the...
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senate majority leader harry reid has the task of trying to cobble something together that could get republican support in the senate and of course, also, some republican support in the house in order for this to pass congress. the white house has gone back to s bargaining position of wanting tax rates to expire for those over $250,000 a year. it seems unlikely that republicans would sign on to something like that, making it a significant possibility, hearing from democrats and republicans, we could go over this fiscal cliff, alina. >> brianna, you talk about cobbling together a last-minute deal. the president admits there will be no grand bargain at this point. if there is something sort of cobbled together at the last minute, are you getting an indication the president would come back from hawaii early? >> reporter: i think that's the expectation. officially, he's supposed to be here through the new year, but folks at the white house are pretty honest about the fact that he likely will be returning to washington around the time the senate reconvenes. it's really just a matter of wh
senate majority leader harry reid has the task of trying to cobble something together that could get republican support in the senate and of course, also, some republican support in the house in order for this to pass congress. the white house has gone back to s bargaining position of wanting tax rates to expire for those over $250,000 a year. it seems unlikely that republicans would sign on to something like that, making it a significant possibility, hearing from democrats and republicans, we...
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. >> onous is on senator reid and the president to come up with a solution and present it to the house and get back to the bargaining table. >> now the president has insisted on a tax hike for the healthy but wants that at $250,000 or $400,000 and not one mill yen and even though the president scaled back his expectations for what can be accomplished some democrats said a grand bargain shouldn't be that hard to reach. >> we ought to take peeker boehner and the president's last offer and split the difference and it would be a package 2.6 trillion can couple that with 1.1 trillion and that would be close to four trillion needed to stabilize the debt and bring it down. >> the president and members was congress will return to washington wednesday or thursday and try to hammer out a deal. most likely a short-term deal to get us past the cliff. >> gretchen: thank you for the great news out of washington today . now the rest of the headlines, nato confirming that civilian u.s. contractor was shot dead by an afghan policewoman of kabul. it is treated as a possible inside job. 52 members was na
. >> onous is on senator reid and the president to come up with a solution and present it to the house and get back to the bargaining table. >> now the president has insisted on a tax hike for the healthy but wants that at $250,000 or $400,000 and not one mill yen and even though the president scaled back his expectations for what can be accomplished some democrats said a grand bargain shouldn't be that hard to reach. >> we ought to take peeker boehner and the president's last...
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the senate, the house, the president, they all want to do what's best especially harry reid and his gang. they're so worried about everybody in the fiscal cliff. they're obviously worried about how a & p is going to affect people, marginal tax rates, the middle class. good. people need to be worried about the middle class but exactly how worried are they? where there is a will there is a way. there was a will in 1895, a will three years ago. yeah, 2009. but obviously there is a whole lot more talk than action because, let's see, i hear crickets or i hear some hula music but i certainly don't hear the ruffling of papers as any bill is getting passed. so i guess i will leave on this note on christmas eve. you know, i send my best wishes to all the military that are out of the country protecting us and making sure they secure the rights for every american, and i say to congress and the president, if you really were so concerned, you could have done a repeat performance. obviously obama care is signature legislation. cornhuskers, a lot of back room deals. but after 25 days of straight debati
the senate, the house, the president, they all want to do what's best especially harry reid and his gang. they're so worried about everybody in the fiscal cliff. they're obviously worried about how a & p is going to affect people, marginal tax rates, the middle class. good. people need to be worried about the middle class but exactly how worried are they? where there is a will there is a way. there was a will in 1895, a will three years ago. yeah, 2009. but obviously there is a whole lot...